NFTs
Regulation
SEBI chief asks Indian mutual funds to avoid investing in crypto offerings
Ajay Tyagi, the chief of SEBI, urged Indian mutual funds to refrain from investing in crypto offerings until the government introduces a proper regulatory law.
Metaverse
ProShares seeks approval from SEC to launch a Metaverse ETF
ProShares Metaverse ETF will track the performance of the Solactive Metaverse Theme Index which includes prominent tech firms such as Apple and Nvidia.
Partnerships
Ferrari signs a deal with Swiss Blockchain firm Velas to create NFTs for fans
Ferrari is all set to foray into the NFT universe by partnering with blockchain tech firm Velas to create non-fungible tokens for Scuderia fans.
Adoption
Hundreds of El Salvador citizens report missing Bitcoin from their wallets
The country's El Comissionado claims to have received 50 cases of missing Bitcoin from the Chivo wallet that was launched two months ago.
People
Bakkt president Adam White announces his departure from the platform
Adam White, the president, and founding executive of Bakkt, will be leaving the organization after three years of service.
Legal
Coinbase CEO sued over allegedly stealing a blockchain startup’s work
CEO of Coinbase crypto exchange Brian Armstrong has been served with a lawsuit accusing him of stealing the work of a startup called Knowledgr.
Regulation
Indian crypto bill unlikely to be introduced in parliament this winter, report says
The much-awaited cryptocurrency bill is shelved again, as central authorities are yet to finalize changes in the bill.
DeFi
Ethereum Foundation announces the launch of the Kintsugi testnet
Ethereum Foundation has launched its much anticipated Kintsugi testnet, which will replace Ethereum's proof of work consensus by introducing a proof of stake mechanism.
Gaming
Voodoo confirms $200 million investment in blockchain gaming
Voodoo unveils plans to invest $200 million to power blockchain gaming projects and introduce blockchain gaming experience to the users globally.
Regulation
UK watchdog bans seven crypto ads failing to highlight potential trading risks
The Advertising Standards Authority has banned seven cryptocurrency ads of distinguished crypto companies including Etoro and Coinburp
Adoption
Layer 2 Ethereum protocol Optimism officially removes Whitelist, will allow devs to deploy directly on its mainnet
Layer 2 optimistic rollup network, Optimism has officially removed the Whitelist feature from its network, enabling developers to deploy arbitrary codes directly on its mainnet.
DeFi
World’s first “embeddable DEX” AlgoSwap launches on Algorand
Headline Inc, an Algorand based startup, has successfully deployed a customized DEX platform on the Algorand blockchain called AlgoSwap.